Posts Tagged ‘Jay Fulcher’

Success in Online Video – Looking at 2009

November 15th, 2009

supermanlogoI’ve culled together a short-list of success factors we’ve seen in the Online Video Platform space so far in 2009. Be it funding rounds, acquisitions, or product launches…these efforts stand out to me this year:

- VMIX raised $2 million in a B-1 round to grow sales and extend reach
- Ooyala hired an outside CEO, Jay Fulcher, and raised a $10 million C-round to boost product (monetization) and reach in APAC
- Kit-Digital bought competitor The Feedroom
- Brightcove extended it’s global reach and announced a 200 strong Partner Alliance
- Veeple launched new interPlay product product
- Kaltura officially launched its Open Source video platform, and created the Open Video Alliance
- Magnify.net introduced the notion of “video curation”, signed new partnerships
- PermissionTV rebranded as VisibleGains refocusing on video e-commerce
- Sorenson Media dove head first into the OVP game with Sorenson360

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Green Flowing in OV, Ooyala Gets Funding

October 13th, 2009

ooyalaFinally, some good news in the wide world of Online Video. Enterprise video publishing platform, Ooyala has secured another round of funding in a rather hostile VC environment. Coming off a quarter where only 17 of the total US VC firms were able to raise money themselves, Ooyala convinced Rembrandt Ventures as well as their previous investors to pony up a whopping $10MM C-round to be used to further product development and to expand over seas.

The timing couldn’t be better, recent announcements of fire sales, Kit Digital acquired The Feedroom for pennies on the dollar, and business model changes, PermissionTV renames to VisibleGains, suggest that times are tough for OVPs. But Ooyala shines a light on what’s good in our world ensuring that indeed there is still money to be had and business to be done in OV.

Ooyala is coming off of string of announcements including new product lines with Live Streaming, and the hiring of a new high-profile CEO, Jay Fulcher formerly of Agile Software. Let’s hope they can do some good with this injection of cash and further increase the value of the space.

Congrats Ooyala team.

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Posted in Online Video Platform Providers, Online Video Platform Space, Platform Provider Announcements

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